Bullion rates climb sharply as international gold prices jump amid US-Iran peace deal easing tensions around the Strait of Hormuz.
Karachi, June 15, 2026: Pakistan gold prices continued their upward momentum on Monday, registering a cumulative increase of Rs22,420 over the past three trading sessions as both domestic and international bullion markets witnessed significant gains.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold rose to Rs455,136 per tola, compared with Rs432,716 per tola recorded on June 11, 2026.
On a day-on-day basis, gold prices increased by Rs10,800 per tola, up from the previous closing rate of Rs444,336 in local bullion markets.
Similarly, the price of 24-karat gold per 10 grams climbed to Rs389,600, compared with Rs379,800 recorded in the previous session.
Market experts attributed the sharp rise in Pakistan gold prices to developments in the international arena, particularly a peace agreement between the United States and Iran aimed at reopening the Strait of Hormuz and addressing losses resulting from recent regional conflicts. The easing of geopolitical tensions has influenced investor sentiment and contributed to volatility in global commodity markets.
In the international market, gold prices surged by $108 per ounce, reaching $4,327 per ounce compared with the previous session’s closing price of $4,219 per ounce.
Analysts noted that fluctuations in international bullion rates continue to have a direct impact on Pakistan’s domestic gold market, with local prices largely reflecting global trends and movements in the exchange rate.
The latest rally underscores the continued importance of gold as a preferred investment and safe-haven asset amid evolving economic and geopolitical developments worldwide.
